When you are pre-approved for an aircraft loan, the lender will provide a specific dollar limit they are willing to lend you based on your unique financial situation. Here are some factors to consider when determining whether a pre-approval makes sense for you.

The Aircraft Owners and Pilots Association (AOPA) wants to open new doors to aviation by exploring the concept that aircraft ownership can be made more accessible and affordable through the development of “Reimagined Aircraft,” the Association announced Friday.